Airgain (NASDAQ:AIRG – Get Free Report) updated its second quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.010-0.010 for the period, compared to the consensus earnings per share estimate of -0.040. The company issued revenue guidance of $12.5 million-$14.5 million, compared to the consensus revenue estimate of $13.0 million.
Wall Street Analyst Weigh In
Several analysts have issued reports on the stock. Wall Street Zen raised shares of Airgain to a “hold” rating in a research note on Saturday, March 28th. Craig Hallum reaffirmed a “buy” rating and issued a $9.00 price target on shares of Airgain in a research note on Thursday. Royal Bank Of Canada set a $6.00 price target on shares of Airgain in a research note on Wednesday, January 21st. Northland Securities set a $8.50 price target on shares of Airgain in a research note on Thursday. Finally, Lake Street Capital began coverage on shares of Airgain in a research note on Wednesday, January 21st. They issued a “buy” rating and a $6.00 price target on the stock. Four analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $7.30.
View Our Latest Stock Report on Airgain
Airgain Trading Up 3.7%
Airgain (NASDAQ:AIRG – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The technology company reported ($0.08) EPS for the quarter, hitting analysts’ consensus estimates of ($0.08). The firm had revenue of $11.51 million during the quarter, compared to analysts’ expectations of $11.48 million. Airgain had a negative net margin of 12.41% and a negative return on equity of 16.82%. Airgain has set its Q2 2026 guidance at 0.010-0.010 EPS. Equities analysts predict that Airgain will post -0.18 EPS for the current year.
Insider Activity
In other news, CFO Michael Elbaz sold 12,769 shares of Airgain stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $4.12, for a total value of $52,608.28. Following the completion of the transaction, the chief financial officer owned 140,780 shares in the company, valued at approximately $580,013.60. The trade was a 8.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Jacob Suen sold 37,314 shares of Airgain stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $4.12, for a total transaction of $153,733.68. Following the completion of the transaction, the chief executive officer owned 284,431 shares of the company’s stock, valued at $1,171,855.72. This trade represents a 11.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 84,653 shares of company stock worth $367,434. Insiders own 17.80% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the stock. XTX Topco Ltd bought a new position in Airgain in the 4th quarter worth approximately $44,000. Susquehanna International Group LLP bought a new position in Airgain in the 3rd quarter worth approximately $91,000. Finally, Citadel Advisors LLC raised its position in Airgain by 270.1% in the 3rd quarter. Citadel Advisors LLC now owns 27,214 shares of the technology company’s stock worth $118,000 after purchasing an additional 43,214 shares during the last quarter. Institutional investors own 52.76% of the company’s stock.
Airgain Company Profile
Airgain, Inc (NASDAQ: AIRG) is a provider of intelligent wireless connectivity solutions designed to enhance data transmission, network performance and antenna efficiency for a range of devices. Headquartered in San Diego, California, the company develops both embedded and external antenna systems, as well as associated connectivity software, to support wireless applications across cellular, Wi-Fi, machine-to-machine (M2M) and Internet of Things (IoT) markets.
The company’s product portfolio includes modular smart antennas, parallel path phase-diversity antennas and advanced array antenna solutions that are optimized for environments such as smart homes, industrial automation, transportation and enterprise networking.
Read More
Receive News & Ratings for Airgain Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Airgain and related companies with MarketBeat.com's FREE daily email newsletter.
